Dear Subscriber,
Rubber, a tough elastic polymeric substance, was a major source of revenue for Nigeria in the 1960s. Today, Nigeria’s output accounts for a miserly 1% (159,264 tonnes) of global output.
Increased investment in the rubber value chain is required to restore the commodity back to its former glory. This could also encourage the re-emergence of tyre manufacturing plants such as Dunlop and Michelin in Nigeria.
The attached slides address these and other issues in the domestic and global commodities market.
Enjoy your read!